# Steem (STEEM): D-Score 36/100 — Centralized Leaning

**BlockIndex D-Score: 36/100 (Centralized Leaning).** Steem (STEEM) is a Layer 1 cryptocurrency using DPoS consensus. Steem: Decentralized social media platform using DPoS for rapid transactions and creator rewards.

_Source: https://blockindex.ai/coin/steem · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 36 |
| Node distribution | 2 |
| Initial distribution | 0 |
| Governance | 16 |
| Age and history | 13 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 1
- Consensus: DPoS (N/A)
- Launch: Other (2016)
- Founder: Ned Scott and Dan Larimer
- VC funded: No
- Max supply: N/A
- Circulating: 550,303,572

## Market data (as of 2026-06-19)
- Price: $0.04
- Market cap: $23.22M
- 24h volume: $3.43M
- 24h change: -4.53% · 7d change: -4.40%

## About
Steem is a decentralized blockchain-based social media platform enabling users to earn cryptocurrency by creating and curating content. Launched in July 2016, its aim is to empower content creators by turning them into stakeholders. One of the platform's key features is the use of delegated Proof of Stake (DPoS) consensus, ensuring fast transaction times and scalability. The platform operates as its own blockchain, allowing true decentralization without reliance on external chains. With the initial application, Steemit, the Steem ecosystem blends social networking with cryptocurrency incentives, enhancing user engagement and community participation. The governance model relies on witnesses elected by users holding the Steem token, ensuring the community directs future development decisions. Steem supports social applications through its scalable architecture and unique reward model, distributing new tokens to content creators, voters, and witnesses.

## Links
- Website: https://steem.io/
- Whitepaper: https://steemit.com/whitepaper
- GitHub: N/A

---
About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore